Leasehold Greengrocers in Hull For Sale

Business description

Bag a Business is delighted to offer to the market this extremely profitable greengrocers. A greengrocers has been operating from these premises for many, many years and Grapevine has been in the careful hands of our clients since 1997. Our clients had chosen a change of lifestyle having enjoyed many years of the financial rewards of self-employment. The business is only now being placed on the market due to our clients' wish to retire. The business has a turnover of £90,000 with a gross profit of 39%. There remains infinite scope to increase profits as our clients have run the business very much at a pace to suit them. The shop closes at 5.00pm every evening and is closed on Sundays giving a new owner the opportunity to expand these hours, increase lines and consider more deliveries than the present owners provide. The existing owners are more than willing to assist any purchaser in the early days to ease the transfer.

Property information

Property:

Leasehold

Lease terms:

Original lease length: 3 years
Remaining lease length: 10 months
Review every: 3 years
Rent: £550 per month

Living accommodation:

ACCOMMODATION DETAILS Ground floor lock up premises. Briefly comprising: GROUND FLOOR Retail area Kitchen/office Toilet with wash basin Large storage area built by the present owners Cloakroom/cupboard New made cold store. Only needs chiller to complete. EXTERNAL Gates leading to rear of all shops in the block, locked in the evening Parking for 2 vehicles at rear of shop

Location:

The Grapevine Greengrocers is situated on the busy B1231 in Hull, East Riding of Yorkshire. The shop is in a prominent and highly desirable position amongst a row of shops, which enjoy excellent passing traffic. Surrounding it is a densely populated residential area. There is parking outside the shop and in the adjoining side streets. Business is drawn from the large number of people passing the shop, a busy road and many loyal customers.

Other information

Trading hours:

Mon - Sat: 8.00am to 5.00pm